Posts Tagged ‘reform’

Central Bank of Libya imposes fees on selling foreign currency

  • 10 June 2018 - 00:38
Central Bank of Libya imposes fees on selling foreign currency

The Central Bank of Libya (CBL) agreed in a meeting Saturday to charge fees on foreign currency transactions in the country in an attempt to narrow the gap between the official rates of foreign currency and those on black market.  The step was announced by the CBL Governor Al-Sediq Al-Kabir...

Key economic reforms announced by Libya’s central bank and Presidential Council

  • 6 June 2018 - 00:29
Key economic reforms announced by Libya’s central bank and Presidential Council

The Governor of the Central Bank of Libya (CB) in Tripoli Al-Sidiq Al-Kabir said that officials in the Government of National Accord's Presidential Council had reached agreement on enacting key economic reforms, including to fuel subsidies and the exchange rates, by the end of July 2018. This...

Libyan Tripoli-based CBL says Libya is witnessing thorough economic reform

  • 5 February 2018 - 20:31
Libyan Tripoli-based CBL says Libya is witnessing thorough economic reform

The Tripoli-based Central Bank of Libya (CBL) has issued a statement detailing the results of the latest efforts it had done to regain the value of Libyan dinar and to boost the country's economy.   The CBL assured all Libyans that prices of goods and foods are on the...